Guideline Value for VGN WINDSOR PARK PHASE II

₹1210/sq.ft.

The guideline value for Vgn Windsor Park Phase Ii in Melpakkam village (Kunrathur SRO, Chennai zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Melpakkam

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1100 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Vgn Windsor Park Phase Ii

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Vgn Windsor Park Phase II guideline value

The current guideline value of Vgn Windsor Park Phase II is Rs 1,210 per sq.ft, effective from 1 July 2024. This property is located in Melpakkam village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Vgn Windsor Park Phase II has changed

The guideline value for Vgn Windsor Park Phase II has seen several revisions over the years. In 2012, the value was Rs 1,100 per sq.ft, which then decreased to Rs 737 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,100 per sq.ft in 2023, and it further rose to Rs 1,210 per sq.ft in 2024. The register has no figure for this street in the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The overall change from 2012 to 2024 shows an increase of 10% in the guideline value.

Guideline values in Melpakkam

In Melpakkam, there are 17 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 4,105 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, which means that Vgn Windsor Park Phase II's 2024 figure is below that median.

Stamp duty and registration fee for property in Vgn Windsor Park Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, bringing the total fees together to Rs 1,08,900. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vgn Windsor Park Phase II?

The Vgn Windsor Park Phase II property falls under the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Melpakkam

The guideline value is crucial during the registration of property transactions in Melpakkam. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these charges are based on a standardized value set by the authorities.

When buying or selling property, the guideline value helps both parties understand the minimum value recognized by the government for the transaction. This ensures transparency and fairness in property dealings, as the guideline value is regularly updated to reflect changes in the real estate market.

Frequently asked questions

What is the current guideline value of Vgn Windsor Park Phase II?

The current guideline value of Vgn Windsor Park Phase II is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, then to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,210 per sq.ft in 2024.

What is the land classification of Vgn Windsor Park Phase II?

Vgn Windsor Park Phase II is classified as Residential Special Type - I, indicating its use for residential purposes within the area.

Where can I find the registration office for Vgn Windsor Park Phase II?

The registration office for Vgn Windsor Park Phase II is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties in Vgn Windsor Park Phase II?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would be Rs 1,08,900.